HEAD BANGERS MARKET: an excerpt from CreateCoin premium…

During the past few weeks, the market has been hammering out the lower portion of its new trading range. This new range will probably turn out to be about the middle of a much longer-term trading range that we settle into over the next months and perhaps years. But this near-term range is getting tighter and tighter–like a noose around the markets neck. Actually, it is not around the markets neck—it is around the near-term trader-types who are being whipsawed daily. When traversing about fifty S&P points both up and down every few days, it makes for nailing almost everyone with near-term losses at some point in the cycle. That is why accumulation and establishment of intermediate-term positions is our strategy.